showa denko k k (4004) Top Compensated Officers

showa denko k k (4004) Key Developments

Showa Denko K.K. Announces Dividend for the Year Ended December 31, 2014; Provides Dividend Guidance for the Year Ending Dec. 31, 2015; Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended Dec. 31, 2014; Provides Consolidated Earnings Guidance for the First Half, Second Half and Year Ending Dec. 31, 2015

Feb 13 15

Showa Denko k.k. announced a dividend of JPY 3.00 per share for the year ended December 31, 2014.
The company expects to pay a dividend of JPY 3.00 per share for the year 2015.
The company reported consolidated earnings results for the fourth quarter and year ended Dec. 31, 2014. For the quarter, the company reported nets sales of JPY 231 billion compared to JPY 230.5 billion a year ago. Operating income was JPY 2.8 billion compared to JPY 10.1 billion a year ago. Ordinary income was JPY 5.1 billion compared to JPY 11.1 billion a year ago. Income before income taxes and minority interests was JPY 3.2 billion compared to JPY 13.4 billion a year ago. Net income was JPY 1.4 billion or JPY 2.41 per share compared to JPY 2.3 billion or JPY 6.06 per share a year ago. Cash flow from operating activities was JPY 66 billion compared to JPY 63.6 billion a year ago. Capital expenditures were JPY 47.3 billion compared to JPY 44.4 billion a year ago.
For the year, the company reported nets sales of JPY 878.5 billion compared to JPY 848.1 billion a year ago. Operating income was JPY 21 billion compared to JPY 26 billion a year ago. Ordinary income was JPY 22.2 billion compared to JPY 23.5 billion a year ago. Income before income taxes and minority interests was JPY 10.1 billion compared to JPY 24 billion a year ago. Net income was JPY 3.5 billion or JPY 2.41 per share compared to JPY 9.1 billion or JPY 6.06 per share a year ago. Cash flow from operating activities was JPY 66 billion compared to JPY 63.6 billion a year ago. Capital expenditures were JPY 47.3 billion compared to JPY 44.4 billion a year ago. Free cash flow was JPY 18.8 billion, up JPY 1.9 billion year-on-year. Financing cash flow was the outflow of JPY 25 billion with JPY 18.2 billion increasing expenses.
For the first half of 2015, the company expects consolidated net sales of JPY 430 billion, operating income of JPY 10 billion, ordinary income of JPY 7.5 billion and net income of JPY 2 billion or JPY 1.40 per share.
For the second half of 2015, the company expects consolidated net sales of JPY 470 billion, operating income of JPY 30 billion, ordinary income of JPY 27 billion and net income of JPY 13 billion.
For the year ending Dec. 31, 2015, the company expects consolidated net sales of JPY 900 billion, operating income of JPY 40 billion, ordinary income of JPY 34.5 billion, net income of JPY 15 billion or JPY 10.50 per share, R&D expenditures of JPY 20.8 billion, cash flow from operating activities of JPY 65 billion, free cash flow of JPY 15 billion and capital expenditures of JPY 51.2 billion. Depreciation costs will be up JPY 1.9 billion to JPY 42.6 billion.

Showa Denko and KBR Sign Multi-Technology Acetyls Licensing Agreement

Feb 9 15

Showa Denko has concluded a business alliance agreement with KBR Inc. to cooperatively market SDK's proprietary technologies to produce acetic acid and its derivatives (acetyls). SDK has been producing acetyls at its Oita Petrochemical Complex for more than 40 years. Under the licensing agreement, SDK will provide KBR with its proprietary technologies, which were cultivated over many years, to catalyze and process acetic acid to produce its derivatives. In addition, SDK will provide KBR with its plant operation skills and know-how accumulated through safe and stable operation of the Complex.

Showa Denko k.k. to Report Fiscal Year 2014 Results on Feb 12, 2015

Jan 29 15

Showa Denko k.k. announced that they will report fiscal year 2014 results on Feb 12, 2015

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